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CONSOLIDATED BALANCE SHEETS - USD ($)
$ in Millions
Dec. 31, 2018
Dec. 31, 2017
Current assets:    
Cash and cash equivalents $ 228 $ 336
Investments 54 0
Restricted cash, cash equivalents and investments 942 1,280
Accounts receivable, net 11 21
Unbilled revenues, net 304 297
Prepaid expenses 48 38
Other current assets 59 19
Total current assets 1,646 1,991
Noncurrent assets:    
Restricted cash, cash equivalents and investments, noncurrent 187 162
Investments, noncurrent 135 0
Property & equipment, net 79 70
Goodwill 289 289
Other intangible assets, net 21 26
Other assets 78 55
Total assets 2,435 2,593
Current liabilities:    
Accounts payable and other current liabilities 45 59
Long-term debt, current portion 22 40
Client deposits 56 52
Accrued wages 352 329
Accrued health insurance costs, net 135 151
Accrued workers' compensation costs, net 67 67
Payroll tax liabilities and other payroll withholdings 729 1,034
Insurance premiums and other payables 19 25
Total current liabilities 1,425 1,757
Noncurrent liabilities:    
Long-term debt, less current portion 391 383
Accrued workers' compensation costs, less current portion, net 158 165
Deferred taxes 68 68
Other non-current liabilities 18 14
Total liabilities 2,060 2,387
Total stockholders' equity    
Preferred stock ($0.000025 par value per share; 20,000,000 shares authorized; no shares issued or outstanding at December 31, 2018 and 2017) 0 0
Common stock and additional paid - in capital ($0.000025 par value per share; 750,000,000 shares authorized; 70,596,559 and 69,818,392 shares issued and outstanding at December 31, 2018 and 2017, respectively) 641 583
Accumulated deficit (266) (377)
Total stockholders’ equity 375 206
Total liabilities and stockholders’ equity $ 2,435 $ 2,593